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The Latest Breaking News from Middle East

US Bases Across Eight Countries Hit, Hundreds of Millions in Damage as America Moved to Block Satellite Images

Satellite imagery reveals Iran struck 20 US military facilities across eight Middle East countries, causing significant damage. This raises questions about US military transparency during the conflict.

International Business Times UK

Aluminium hits four-year high on renewed Middle East supply risks

Benchmark aluminium on the London Metal Exchange traded 0.5% higher at $3,685 a metric ton in official rings. Earlier, it touched $3,707.50 to match ‌a level hit ⁠on ⁠May 26 for its highest point since March 2022.

The Economic Times

Stocks Set to Open Higher as AI Optimism Overshadows Fresh U.S.-Iran Hostilities, Jobs Data Awaited

June S&P 500 E-Mini futures (ESM26) are up +0.31%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.23% this morning as optimism surrounding artificial intelligence helped offset concerns about renewed U.S.-Iran tensions.

Barchart

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UAE announces June 2026 fuel prices as petrol jumps 8% to Dh3.95 per litre, highest level in nearly 4 years

UAE motorists are facing significantly higher petrol prices in June 2026, marking the fourth consecutive monthly increase. This surge, driven by international energy market volatility and Middle East shipping disruptions, pushes Super 98 to Dh3.95 per litre. While diesel prices have fallen, petrol users face continued pressure as summer travel…

The Times of India

Oil price rises to $97 a barrel as ‘Iran stops exchanging messages with US’ – as it happened

British house prices fell 0.6% in May, leaving them 1.7% higher than a year earlier, Nationwide reports

The Guardian - UK

India bonds dip as Middle East war woes add to policy week caution

Indian government bonds retreated as traders anticipated the central bank's policy decision and higher oil prices due to the Middle East conflict. The benchmark 2035 yield climbed, while overnight index swap rates surged, reflecting increased rate hike bets amid concerns over inflation and economic impact.

The Economic Times

Asia's factory output expands as firms stockpile buffers over Iran war risks

Asian factories saw steady growth in May. Companies built up stocks to counter potential supply disruptions from the Middle East conflict. China's manufacturing expanded for the sixth month, while South Korea's activity reached a five-year high. Japan also reported expansion despite rising input costs. This regional push highlights efforts to…

The Economic Times

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IndiGo soars 5% after Q4 results. What Goldman Sachs, Jefferies and others are saying

IndiGo's shares surged despite a Q4 FY26 net loss of Rs 2,536 crore, driven by Middle East conflict disruptions. Analysts remain largely positive, citing the airline's long-term growth strategy and India's strong domestic aviation demand, with several maintaining 'Buy' ratings and significant upside targets.

The Economic Times

UN experts warn against ‘surging Israeli settler terror’ – as it happened

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The Guardian - AU

Gold slips on stronger dollar, oil; Trump's decision on Iran ceasefire in focus

Gold prices dipped slightly as a stronger dollar and rising oil prices weighed on the market. Investors are closely watching President Trump's decision on a potential ceasefire extension with Iran, amidst ongoing tensions in the Middle East. Meanwhile, other precious metals like silver, platinum, and palladium saw gains.

The Economic Times

Any deal with Iran that restricts Israel's ability...would be unwise: US Senator Graham draws red line

Senator Lindsey Graham issued a stern warning against any Middle East diplomatic deal that would impede Israel's military actions against Hamas and Hezbollah. He emphasized that Israel must be allowed to neutralize threats from Hezbollah, stating that any ceasefire would enable rearmament. Graham also expressed confidence that President Trump would…

The Economic Times

India, Oman trade pact to come into force from June 1; Check what's inside

India and Oman's Comprehensive Economic Partnership Agreement, CEPA, begins on June 1. This pact offers Indian exports 100% duty-free access to Oman. Key sectors like textiles and agriculture will see immediate benefits. Oman also grants zero-duty access to Indian industrial goods. India protects sensitive domestic industries. Service professionals gain new…

The Economic Times

Iran says no deal with US unless its rights secured

Iran's chief negotiator says Tehran will not agree to any deal with the United States unless Iranian rights are fully secured. Reports suggest Washington has sent a tougher peace proposal. This could delay an agreement to end the Middle East war and reopen the Strait of Hormuz. Both sides remain…

The Economic Times

Malta's Labour party wins historic fourth term in shadow of Middle East crisis

Maltese ⁠Prime Minister Robert Abela claimed a record-breaking, fourth successive general election victory for his Labour Party on Sunday after campaigning on the strength of a thriving economy and calling for a strong mandate to shield the tiny island state from the crisis in the Middle East.

France 24

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France 24

UN Security Council to meet Monday as Israel deepens Lebanese incursion

Israeli troops have captured and planted their flag on a strategic mountain topped with the Crusader-built Beaufort castle near the city of Nabatiyeh in southern Lebanon, the military said Sunday. It is Israel’s deepest incursion into Lebanon in more than a quarter century. The UN Security Council will hold an…

The Economic Times

India becomes BlaBlaCar's largest market as fuel price surge boosts carpooling

Rising fuel prices triggered by the Middle East war are driving a sharp increase in carpooling, with a ride-sharing platform reporting a surge in new users seeking cheaper ways to travel. This trend has been more pronounced in countries where fuel price increases driven by the war have been sudden…

International Business Times

Trump's National Security Meet On Iran Provides No Clarity On 'Final Determination'

There has been no announcement on a decision whether to approve a deal, or to pause the conflict in the Middle East, which has dragged on for three months now.

The Times of India

Gulf's other war: Inside UAE's hidden role behind strikes on Iran despite ceasefire — Report

The UAE's involvement in the Middle East conflict was deeper than previously known, with coordinated strikes on Iran, including energy facilities, even after an April ceasefire. These actions exposed divisions within the Gulf, as Saudi Arabia expressed concerns about escalating risks to regional energy supplies and global markets.

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Kiplinger

Dell Earnings Drive Tech Stocks Higher: Stock Market Today

Hope for peace in the Middle East and a well-received earnings report from Dell Technologies gave bulls the upper hand on Friday.

AAP

Retailers under attack from weak demand, rising costs

Australia's retail sector faces a pincer attack as the war in the Middle East increases costs and pushes consumers to the brink.

Barchart

Stocks Supported by Middle East Peace Hopes and AI Spending

The S&P 500 Index ($SPX ) (SPY ) today is up +0.21%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.65%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.25%. June E-mini S&P futures (ESM26 ) are up +0.20%, and June E-mini Nasdaq futures...

Radio France Internationale

TotalEnergies faces pressure at AGM over war gains and fossil fuel plans

Environmental groups are stepping up pressure on TotalEnergies ahead of its annual shareholder meeting in Paris on Friday, accusing the French oil and gas giant of profiting from the conflict in the Middle East while continuing to expand fossil fuel production despite France's climate commitments.

Bangkok Post

Vance optimistic as US-Iran deal awaits Trump green light

WASHINGTON - US Vice President JD Vance said Washington and Tehran are close to agreeing a deal to extend their ceasefire in the Middle East war, but the potential breakthrough still hangs on President Donald Trump’s approval.

Bangkok Post

Thailand posts record-high current account deficit in April as economy slows

Thailand posted a record-high current account deficit of $7.6 billion in April, with economic growth ‌slowing from the previous month from the impacts of the Middle East war and expected to get weaker, the Bank of Thailand said on Friday.

The Economic Times

Silver drops Rs 1,500/kg, gold at Rs 1.56 lakh/10 gms as Iran war tensions weigh. Key levels to watch

Gold and silver prices on the MCX opened slightly lower on Friday, with silver July futures falling 0.5% to Rs 2,68,018 per kg and gold June futures slipping marginally to Rs 1,56,316 per 10 grams. The decline came as investors balanced geopolitical uncertainty in the Middle East against hopes of…

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